SteelPeak Wealth LLC Cuts Stock Holdings in Vanguard Total Stock Market ETF $VTI

SteelPeak Wealth LLC decreased its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 34.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 28,224 shares of the company’s stock after selling 14,743 shares during the quarter. SteelPeak Wealth LLC’s holdings in Vanguard Total Stock Market ETF were worth $9,463,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in VTI. Evolution Wealth Management Inc. acquired a new stake in shares of Vanguard Total Stock Market ETF during the second quarter worth $29,000. Wealth Watch Advisors INC purchased a new stake in Vanguard Total Stock Market ETF during the third quarter worth about $31,000. Strategic Wealth Investment Group LLC acquired a new stake in Vanguard Total Stock Market ETF in the second quarter valued at $33,000. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Vanguard Total Stock Market ETF in the third quarter valued at approximately $50,000. Finally, Clear Investment Research LLC purchased a new stake in Vanguard Total Stock Market ETF during the 3rd quarter worth about $51,000. 28.92% of the stock is owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Performance

VTI stock opened at $323.76 on Friday. The stock has a market capitalization of $560.35 billion, a P/E ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a one year low of $236.42 and a one year high of $344.42. The company has a 50 day moving average price of $333.38 and a two-hundred day moving average price of $333.43.

About Vanguard Total Stock Market ETF

Vanguard Total Stock Market ETF (the Fund) is an exchange-traded share class of Vanguard Total Stock Market Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the of the MSCI US Broad Market Index, which represents 99.5% or more of the total market capitalization of all of the United States common stocks traded on the New York and American Stock Exchanges and the Nasdaq over-the-counter market. The Fund typically holds the largest 1,200 to 1,300 stocks in its target index (covering nearly 95% of the index’s total market capitalization) and a representative sample of the remaining stocks.